DECEMBER 19, 1978

TUESDAY
$1,000 INVESTED IN COKE STOCK (KO) IN 1978
WOULD HAVE MADE YOU $235,665 IN 2025
Min_Wage_Hourly: $2.80
Median_Home_Price: $42,480.00
Gas_Price_Avg: $1.05
Bread_Price_Avg: $0.45
Movie_Ticket_Avg: $2.53
First_Class_Stamp: $0.13
Milk_Price_Avg: $1.97
Top Movies By December 19, 1978
1 Superman
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Superman
2 The Deer Hunter
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The Deer Hunter
3 Grease
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Grease
4 Halloween
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Halloween
5 Midnight Express
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Midnight Express
6 Saturday Night Fever
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Saturday Night Fever
7 Close Encounters of the Third Kind
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Close Encounters of the Third Kind
8 High Anxiety
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High Anxiety
9 The Gauntlet
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The Gauntlet
10 California Suite
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California Suite
Coming Home
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Coming Home
Blue Collar
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Blue Collar
Foul Play
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Foul Play
Coach
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Coach
Record City
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Record City
Paradise Alley
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Paradise Alley
A Wedding
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A Wedding
The Millionaire
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The Millionaire
Special Olympics
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Special Olympics
French Quarter
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French Quarter
The Lord of the Rings
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The Lord of the Rings
The Swarm
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The Swarm
Pretty Baby
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Pretty Baby
The Pirate
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The Pirate
Forbidden Erotica
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Forbidden Erotica
Space Force
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Space Force
Straight Time
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Straight Time
Stunt Rock
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Stunt Rock
Jaws 2
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Jaws 2
The Bastard
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The Bastard
Goin' South
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Goin' South
The Squeeze
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The Squeeze
House Calls
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House Calls
Rabbit Test
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Rabbit Test
The Betsy
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The Betsy
Coma
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Coma
The Foreigner
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The Foreigner
The Norseman
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The Norseman
The Fury
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The Fury
The Suicide
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The Suicide
Mirrors
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Mirrors
Getting Married
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Getting Married
Dear Jimmy
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Dear Jimmy
Dr. Scorpion
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Dr. Scorpion
Almost Summer
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Almost Summer
Escapade
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Escapade
The Evil
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The Evil
Vampire Hookers
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Vampire Hookers
Malibu Beach
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Malibu Beach
Deathsport
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Deathsport
Jennifer
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Jennifer
Night Creature
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Night Creature
Hooper
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Hooper
Born Again
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Born Again
Animal House
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Animal House
Northern Lights
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Northern Lights
The Bees
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The Bees
Girlfriends
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Girlfriends
Stony Island
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Stony Island
The Mongreloid
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The Mongreloid
High-Ballin'
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High-Ballin'
The Manitou
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The Manitou
Carroña
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Carroña
Skin Deep
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Skin Deep
Matilda
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Matilda
Fairy Tales
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Fairy Tales
Newsfront
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Newsfront
Superdome
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Superdome
The Playbirds
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The Playbirds
Revenge of the Pink Panther
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Revenge of the Pink Panther
Deathmoon
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Deathmoon
A Night Full of Rain
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A Night Full of Rain
Stevie
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Stevie
Laserblast
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Laserblast
The Seniors
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The Seniors
Day of the Woman
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Day of the Woman
Killer of Sheep
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Killer of Sheep
December 19, 1978 Trivia
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Television On December 19, 1978
Columbo poster
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Columbo
Sesame Street poster
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Sesame Street
Saturday Night Live poster
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Saturday Night Live
Dallas poster
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Dallas
M*A*S*H poster
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M*A*S*H
The Love Boat poster
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The Love Boat
Barnaby Jones poster
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Barnaby Jones
Charlie's Angels poster
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Charlie's Angels
The Story of December 19, 1978

On December 19, 1978, economists expressed growing concerns that the rising influence of the Organization of the Petroleum Exporting Countries (OPEC) would exacerbate the recession risks facing the United States.

🧠 Inventions of 1978

Breakthroughs and everyday innovations from the year.

1 Global Positioning System Satellites
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Global Positioning System Satellites
2 Word Processing Software (WordStar)
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Word Processing Software (WordStar)
3 Digital Telephone Answering Machine
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Digital Telephone Answering Machine
4 Medical Imaging PACS Concept
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Medical Imaging PACS Concept
5 Electronic Spreadsheet (VisiCalc)
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Electronic Spreadsheet (VisiCalc)
6 Computer Animation Software
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Computer Animation Software
7 Automated Warehouse Robotics
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Automated Warehouse Robotics
8 Digital Signal Processor Chip
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Digital Signal Processor Chip
9 Video Game Console (Atari 2600)
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Video Game Console (Atari 2600)
10 Space Probe Voyager Instruments
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Space Probe Voyager Instruments

The Sounds of

The biggest hits of the year — Top 10 Pop & Country chart toppers

HEADLINES ON December 19, 1978

Full News Archive

  • Headline: OPEC's Impact on U.S. Economy in 1979. Impact: The OPEC rise and its impact on the U.S. economy created a panic that led to the invention of the 'Panic Purchase'—a shopping spree where Americans hoarded gas cans, leading to a decade-long shortage of stylish picnic baskets.. Fact: Economists always have great predictions, just like your uncle at Thanksgiving who knows exactly how to fix the economy with one good investment tip..
  • Headline: Ohio Board Denies Kent State Compensation. Impact: The rejection of the Kent State award illuminated the fraught relationship between state and victim, leading to decades of heated debates, and eventually inspiring a reality TV show about bureaucratic dysfunction—because why not?. Fact: It's always good to remember that when it comes to awards, sometimes it's better not to win; you just get more awkward speeches..
  • Headline: About New York. Impact: The scene in the Queens abortion clinic sparked a wave of activism that, in a parallel universe, resulted in the establishment of a 'Queens Clinic' themed amusement park, complete with roller coasters that simulate the ups and downs of healthcare policies.. Fact: Speaking of clinics, did you know that the most popular ride at the 'Queens Clinic' theme park was the 'Health Care Roller Coaster'? It had thrilling highs and terrifying lows!.
  • Headline: Action by L.I. Board Adds $37a Year to Levy Paid by Most Homeowners. Impact: The L.I. Board's budget increase transformed suburban life, leading to the legendary 'Great $37 Bake Sale of 1979' where homeowners tried to fundraise to cover their new taxes, inadvertently creating a thriving community of amateur bakers.. Fact: That $37 increase? It's basically the price of a fancy coffee today. So, you know, prioritize your caffeine over your taxes!.
  • Headline: The War on 138th Street. Impact: The uncovering of the heroin empire on 138th Street resulted in a major crackdown that ironically led to a spike in hipster coffee shops opening in the same area, creating an unexpected fusion of drug culture and artisanal lattes.. Fact: Did you know that heroin and artisanal coffee share a similar demographic? It's true—both have been notoriously popular in urban areas, just with different kinds of buzz..
  • Headline: SENATE INQUIRY SET ON TALMADGE FUNDS. Impact: Senator Talmadge's trial-like hearing set a precedent for political scandals, eventually leading to the creation of 'Reality TV Politics' where senators compete in hilarious games to determine who gets to keep their office—because who needs integrity?. Fact: Senate hearings could really use a host and some dramatic music. Or maybe a live studio audience? Ratings would go through the roof!.
  • Headline: IN THE NATION. Impact: The influx controls policy opened a Pandora's box of social debates, leading to the eventual creation of a wildly popular board game called 'Urban Migration Madness,' where players compete to build the best gentrified neighborhood.. Fact: Did you know that 'Urban Migration Madness' is the only board game where the winner gets a free eviction notice? Fun for the whole family!.

Wall Street Time Machine

The Right Call: If you'd invested $1,000 in any one of these companies in 1978, here's what it would be worth in 2025.
Rank #1
WMT
Walmart
Price in 1978
$0.01
Value in 2025
$7,945,492

Walmart - If you invested $1,000 in 1978, it would be worth $7,945,492 today (7945.5x return)

Rank #2
INTC
Intel
Price in 1978
$0.18
Value in 2025
$199,890

Intel - If you invested $1,000 in 1978, it would be worth $199,890 today (199.9x return)

Rank #3
JNJ
Johnson & Johnson
Price in 1978
$0.49
Value in 2025
$423,037

Johnson & Johnson - If you invested $1,000 in 1978, it would be worth $423,037 today (423.0x return)

🦸 Top 5 Comics
X-Men #111
X-Men #111
$75
Action Comics #484
Action Comics #484
$15
Daredevil #158
Daredevil #158
$75
Superman #233
Superman #233
$250
Peter Parker, The Spectacular Spider-Man #27
Peter Parker, The Spectacular Spider-Man #27
$30
🧸 Top 5 Toys
Star Wars Action Figures
Star Wars Action Figures
$300.00
Simon
Simon
$500.00
Lego Space Sets
Lego Space Sets
$350.00
Speak & Spell
Speak & Spell
$150.00
Hot Wheels
Hot Wheels
$30.00
🎮 Top 5 Video Games
Space Invaders
Space Invaders
$13,800
Adventureland
Adventureland
Unknown
Avalanche
Avalanche
$60.00
Astro Battle
Astro Battle
$200.00
Sky Diver
Sky Diver
$12.34
⚾ Top 5 Trading Cards
Wayne Gretzky Rookie Card
Wayne Gretzky Rookie Card
$4,000,000
Kenner Star Wars Series 1
Kenner Star Wars Series 1
$70.00
Topps Baseball 1978 Eddie Murray Rookie Card
Topps Baseball 1978 Eddie Murray Rookie Card
$3,000
Futera Muhammad Ali 1978
Futera Muhammad Ali 1978
$1,500
Topps Football 1978 Tony Dorsett Rookie Card
Topps Football 1978 Tony Dorsett Rookie Card
$20,000